buyer's expertise needed, buying a 4runner Options

[99Celica]

so i've found the 4runner i've been looking for after months of searching. 94 22re 4x4 5speed if u wanted to know (also has AC roof rack and can tow)

The seller first posted an ad on craigslist for 4500, which I can't afford. At the end of his ad he stated that the price is firm, no offers. Well he ended up putting it on ebay and the auction just ended today with no bids. His price on ebay was 4400. KBB lists it at 3800 excellent and 3200 good. His 4runner is good condition but has rebuilt engine due to timing belt breaking. Any opinions on what its really worth?

My question is what would be a good offer now that he seems to be budging somewhat. I was thinking 3500-3800.

I'm also worried about someone else offering more and taking it first

Any input appreciated,

Travis

[99Celica]

its got 170k on the chassis, with 16k on the rebuilt engine. I asked them about the what happened and he told me the water pump was replaced BEFORE the engine broke, so i'm assuming it's not the usual timing guide failure. When I test drive it i'll definitely check the oil and coolant for mixing. If the timing chain is the culprit, is there anything I should look for in his receipts as far as what was replaced and what is still original?

How do you feel about his price and my offer? Is he asking too much or am I thinking about offering too little?

Thanks